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It seems a very important subject to me - not for the profit vision, but simply to understand it as a structure, because wherever you stand in society, it affects your life.

I passed A-Level economics in Britain (with Art and Eng Lit) but I never had any real idea of how it applied to the world I was living in.

You can't be me, I'm taken

by Sven Triloqvist on Sat Mar 17th, 2007 at 03:37:31 PM EST
[ Parent ]
The first time I took Economics (an accountancy paper) I failed it - it was the first paper in ANYTHING I had ever failed.

It bore no relationship to Reality as I understood it. I passed second time around by learning the crap parrot fashion, and forgot it for 20 years.

Now I know what the problem is (as least to my own satisfaction). The assumptions used are total and utter bollocks.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky

by ChrisCook (cojockathotmaildotcom) on Sat Mar 17th, 2007 at 03:45:10 PM EST
[ Parent ]
Churchill - when you get ME involved in an economics diary, you really have done a service to mankind ;-)

And Chris, your professional view of the bollocks is inspirational: I have never been exposed to so many challenging new ideas in one place, as here at ET over the last couple of years.

You can't be me, I'm taken

by Sven Triloqvist on Sat Mar 17th, 2007 at 03:51:13 PM EST
[ Parent ]
Nor me, Sven. The Veblen stuff currently is just the latest, but there's always something new.

Btw. Did I ever e-mail you the "Monster"? Branson would love it, but I never got near him.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky

by ChrisCook (cojockathotmaildotcom) on Sat Mar 17th, 2007 at 03:54:52 PM EST
[ Parent ]
You did not email me with it. I don't really have contact with Richard any more. He married Joan, one of my best friends then - in fact I kind of introduced them - but I am surely just a distant memory now. It has been 30 years - even though we have been in brief contact several times since.

But I did open his mind to two things: one was how to remove a watch from somebodies wrist wihout them knowing (A very drunken evening at a Russian restaurant in Helsinki), and hot air ballooning, on a Sunday in Nummela about 1976.

For these, I ask you forgivenance...

But he taught me far more than I ever taught him, by miles.

You can't be me, I'm taken

by Sven Triloqvist on Sat Mar 17th, 2007 at 05:34:13 PM EST
[ Parent ]
A long, long time ago, in a Galaxy far far away....

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
by ChrisCook (cojockathotmaildotcom) on Sat Mar 17th, 2007 at 05:46:47 PM EST
[ Parent ]
Just! (in the Finnish meaning).

Don't try to tell me you don't have some heroes from way back in your first decade on earth that didn't affect your present life?

Chris - we are boys still - and hold on to it. We can never be as altruistic as we were then. All my values stem from my family environment; I just didn't get to realise it until recently. I may have done very different things from what my parents envisioned for me, but I did follow their core values eventually. I only took my time to understand what those core values really were - because I looked at them so superficially, then.

I don't think my parents had a plan. But I do think they did their best to use their lives to fulfill themselves, as well as making considerable sacrifices to ensure that their children could also experience that fulfillment. I don't have a plan with my daughters either. Like everyone else, this is a first tiime experience. One cannot have a plan in these circumstances. What one can have is an attitude.

An attitude, IMHO, is essential to acheiving fulfillment

You can't be me, I'm taken

by Sven Triloqvist on Sat Mar 17th, 2007 at 06:08:04 PM EST
[ Parent ]

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